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Property profile & analytics
FOR LEASE
Community centers
11230 Garvey Ave El Monte, CA 91733
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6923398
For Lease
1 / 5
Contact for pricing
11230 Garvey Ave, El Monte, CA 91733
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Property summary
AI-generated overview
El Monte Plaza, located at 11230 Garvey Ave, El Monte, CA 91733, presents a unique investment opportunity. This single-building retail and office center, built in 1987, boasts a total of 10,380 square feet across multiple suites. Situated on a 0.759-acre lot (33,103 square feet) at the high-visibility intersection of Garvey Ave and Peck Rd, the property offers excellent signage opportunities and ample parking. The property is zoned EMC3* and its Los Angeles County location within the West SGV submarket of LA East makes it highly desirable. The APN is 8105003035. Currently, one 950-square-foot space is available for lease, ideal for retail, office, or service-based businesses. This property presents a strong opportunity for businesses seeking high visibility and convenient access in a thriving El Monte location. The property's strategic location and ample parking make it an attractive option for both tenants and investors. The building's age provides an opportunity for potential upgrades and value enhancement. This is a prime opportunity to establish a presence in a busy commercial area.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
TILT-UP CONCRETE
Total area
10,380 SF
Lot
0.76 ac (33,103 SF)
Zoning code
EMC3*
APN
8105-003-035
UPID
US09-6923398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atlantic Pacific Smile Dental Group of El Monte Dental Office
-
Dim Sum King El Monte Restaurant
-
Hello Boba Cafe & Coffee Shop
-
El Monte Optometry Physician
-
Cecilia Wong, OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.33M
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$4.09M
Owner & transaction history
Golden Growth Property INC · 25 yrs held
Golden Growth Property INC
since 2001
4 recorded transactions
Zoning & alternative use
EMC3* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Code 5142025
Top alternative use upside
Restaurant
$6.8M
+7.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs El Monte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Monte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,685,000
6.5%
$4,325,000
7%
$4,015,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,315,000
Current use
RESTAURANT
$6,760,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$4.09M
Range $3.68M – $4.49M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$394 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$37,283
Tax year 2024
Assessed value
$2,334,123
Assessed 2024
Previous assessed
$2,334,123
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$986,831
Assessed improvement
$1,347,292
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
11
Total area
10,380 SF
Lot
0.76 ac (33,103 SF)
Zoning code
EMC3*
APN
8105-003-035
UPID
US09-6923398
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMC3* · El Monte, CAZoning EMC3* · permitted uses
EMC3* · El Monte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code 5142025
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.3M
RESTAURANT
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
11
Lot
0.76 ac
Current owner
From public records · entity-resolved
Golden Growth Property INC
Entity
Mailing address
1112 LAVETA TER, LOS ANGELES, CA 90026-4332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2001
$1,580,000
Golden Growth Property INC
Li,joseph Y & Polina
Grant Deed
$1,106,000 · Trust Bank Fsb
Jan 10, 1989
$1,800,000
Joseph Y Li
Unknown
Grant Deed
—
—
—
Golden Growth Property INC
—
Deed Of Trust
related
$1,600,000 · East West Bank
—
—
Joseph Y Li
—
Deed Of Trust
related
$1,235,000 · Bank Of California
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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